Turvey, Calum Greig (contributor); Kong, Rong (contributor) - 2008
Copyright © UNU-WIDER 2008
1
Department of Applied Economics and Management, Cornell University, Ithaca, email …:
cgt6@cornell.edu;
2
College of Economics and Management, Northwest Agriculture and Forestry
University, Yangling …, the
lender, having knowledge of the borrower’s exploitive possibility, will make no loan
and a Nash equilibrium occurs …